How to read financial statements?
Finance for non-finance professionals
This training will help non‑finance professionals build essential financial awareness and confidently use financial information in their daily work. Participants will become familiar with the key financial statements that organisations prepare and learn how to read and interpret them to support better business decisions. The programme is based on the principles of International Financial Reporting Standards (IFRS), ensuring a clear and structured understanding of how financial information is prepared, presented, and analysed.
Training Objectives:
The main objective is to raise the level of financial awareness of participants. This will enable them to use the financial information provided to make better short-term or long-term decisions in managing their businesses.
This training provides basic financial information and terms that will enhance professionals’ financial literacy. This leads to better understanding on how the business decisions about the organisation are made and how to increase their efficiency.
The training will help you to:
- Understand the core concepts and rules of financial reporting
- Interpret the information presented in key financial statements
- Recognise the links between the elements of the financial statements
- Evaluate financial results using essential ratio analysis
- Distinguish between creative accounting, aggressive accounting practices and fraud
Who should attend?
This training programme is suitable for directors, managers or anyone who uses financial information in the course of their work. Prior knowledge of accounting/finance is not required.
The programme aims to provide non-financial managers with a greater understanding of the way finance affects their business performance in the organisation. This programme will enable them to develop their strategic thinking and ability for planning, and will help them to think big in the corporate world!
Benefits of attending:
This programme provides the basic principles of Accounting & Finance. It includes the areas that people involved in business should be aware of at an understanding level (not necessarily synthesis). The programme covers areas such as financial reporting and analysis, management reporting, budgeting, decision making, etc.
Training Agenda:
1. Introduction to reporting
- Differences between financial and management of accounting
2. Key financial reports
- Basic terminology
- Key accounting policies and concepts
- Format and content of financial statements
- Links between elements of financial statements
3. Statement of financial position
- Discussion of key elements of assets and liabilities paying attention to valuation, presentation and key issues
- Working capital management
4. Statement of profit or loss and other comprehensive income
- OPEX vs CAPEX
- Format and presentation
- Revenue recognition
- Various profitability levels
- Other comprehensive income
5. Statement of changes in equity
- Various categories of capitals
- How to account for dividends
6. Statement of cash flows
- Cash accounting concepts
- Methods of preparation and presentation
- How to interpret information provided in the statement
7. Notes to financial statements
8. Financial statements analysis
- Issues to consider before starting the analysis
- Ratio analysis, including profitability, liquidity, gearing and investors ratios
9. Manipulation with information
Additional training details:
Date:
22 - 23 April 2026 (10:00 - 15:30 EEST)
Language:
English
Format:
Live-online
Price:
EUR 430 (excl. VAT)
For more details please contact our team.
